Shaikh, Anwar; Papanikolaou, Nikolaos; Wiener, Noe - In: Physica A: Statistical Mechanics and its Applications 415 (2014) C, pp. 54-60
The econophysics “two-class” theory of Yakovenko and his co-authors shows that the distribution of labor incomes is roughly exponential. This paper extends this result to US subgroups categorized by gender and race. It is well known that Males have higher average incomes than Females, and...